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Product - Self-Employment

Self-Employment

 As part of employment generation the eligible self employment schemes are financed. Loans for setting up business / trade / industry / services; are considered.

  1. LAGHU UDHYAMI CREDIT CARD 
    Cash Credit limit of Rs.2.00 lakhs & upto Rs.5.00 lakhs sanctioned for 3 years at a time; for small business units, retail traders, artisans, village industries, SSI & Tiny units and professional & self-employed.
     
  2. GENERAL CREDIT CARDS 
    Hassle-free credit upto Rs.25,000/- issued for 3 years, With suitable repayment schedule. 
     
  3. SELF HELP GROUPS (SHGs) 
    • 10 to 20 members per group - loan upto 4 times of their savings / thrift (Min loan of Rs.50,000/-).
    • Sanctioning of Higher limits for economic activity of the SHG members, based on Micro Credit Plan (MCP).
  4. JOINT LIABILITY GROUPS 
    Group financing of tenant farmers / oral lessees / share croppers under Rythu Mitra Group – financing. Financing is done on Similar Lines as being done for SHGs.